Chevron reports lower U.S. upstream earnings as costs rise

TheCyprus


Economy
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3 May 2025 22:15 (UTC +04:00)

Chevron reports lower U.S. upstream earnings as costs rise

Photo: Chevron


Chevron’s U.S. upstream earnings declined in the first quarter of 2025, weighed down by higher operating expenses and lower oil prices, despite stronger natural gas realizations and increased production from the Permian Basin and Gulf of Mexico.



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